Company description

HII, ticker symbol for Huntington Ingalls Industries, is an American military shipbuilding company with a rich history and global presence. Founded in 2011 as a spin-off from Northrop Grumman Corporation, HII has since become the largest manufacturer of military ships in the US, and has a strong partnership with the US Navy as its main customer. The company's portfolio includes the construction of nuclear and non-nuclear ships such as aircraft carriers, destroyers, submarines, and amphibious assault ships. They also provide various marine services like maintenance, repairs, and modernization of existing ships. With over 42,000 employees, HII is committed to delivering high-quality products and services to support the defense and security of the United States and its allies. Huntington Ingalls Industries operates in three main shipbuilding facilities in the US, namely Newport News Shipbuilding, Ingalls Shipbuilding, and Technical Solutions. These facilities are equipped with state-of-the-art technology and highly skilled workers, enabling HII to meet the demand for advanced and complex ships. The company's strong commitment to innovation and sustainability is evident in its role as the prime contractor for the design and construction of the US Navy's newest aircraft carrier, the USS Gerald R. Ford. This ship is the first in its class to incorporate advanced features such as electromagnetic aircraft launch systems and advanced weapons elevators. Aside from its military focus, HII also demonstrates its dedication to corporate social responsibility through various initiatives. These include workforce